In this presentation, Tom Knox, founder of CareFamily.com, provides an overview of the benefits of home care. To learn more about CareFamily, go to http://carefamily.com. As more and more families are seeking care for their elderly parents, it's important for them to fully understand their options. One such option is home care. Within home care are several sub-categories. In general, as seen in the presentation, home care can provide a lot of advantages for the senior as well as the family. Specifically, home care can provide greater flexibility and cost savings. Having a caregiver in the home can give you peace of mind while also allowing the senior to remain where he or she wants to be - at home.

1. Aging at
Home
Presented by:
Tom Knox
October 17, 2013
CareFamily.com

2. Our Story… Your Story
“ My beloved grandmother was neglected
in a facility. It inspired me to start an
agency that successfully hired and cared
for thousands of seniors at home. I have
realized that there are great caregivers
who want to build their careers at a
livable wage. Our goal is to provide you
great career options with the best families
in America.”
- Tom Knox, Founder
CareFamily.com

3. Evaluating All Your Care Options
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Comfort of Home
Feeling of Independence
Family Involvement
Affordable
Health Benefits
Peace of Mind
Greater Flexibility
Safety
CareFamily.com

4. Nowhere Like Home – The Pros of Homecare
• Over 88% of seniors want to age in place - AARP
• Familiar Environment
• The place that the senior “loves”
– The Practical: Things in their place
• High Quality of Care – One on One
• Health Benefits
– Thrive vs. Decline
– Memories and Feelings
• The Practical: Things in their place
• Making home “safe”
– Tips for safety and home modification

5. More Affordable
• Nursing homes can get very costly
• The 2013 Genworth Cost of Care Survey
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Nursing Home Private room = Average $230 / day
Typical agency hourly rate = Between $21 to $25
Assisted Living Facility = Average of $4,000 per month
CareFamily hourly rate = Between $14 to $16
• Some facts about Assisted Living Facilities
– Patient – Care Ratio
– 24-Hour Option
CareFamily.com

6. Greater Flexibility
• Customized care
– Pay only for what you need
– Care needs change
– Multiple caregivers
• Reduction of re-hospitalizations
• Promotes healing and more safety
from infections
• Easier for everyone to visit
• Use technology and staff
CareFamily.com

7. Paying for Care
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Private funds
Long Term Care Insurance
Reverse Mortgage
Veterans Aid and Attendance Benefit
Utilization of Life Insurance
Medicaid
CareFamily.com

8. When is Home Care not the Right Solution
• When senior is bedbound and needs constant
turning
– Skin breakdown
• When senior has late stage dementia and is a
flight risk or heavily combative
• When senior is Medicaid eligible, homebound
and needs 24 hour care
CareFamily.com

9. Some Great Resources
www.carefamily.com/senior-care-videos
www.medicaid.gov
www.payingforseniorcare.com
www.elderlawanswers.com
www.veteransaidbenefit.org
www.aaltci.org
www.naic.org
CareFamily.com

10. Visit us at:
CareFamily.com